West Africa ///

Shell in talks to sell $2-billion Nigeria oil assets

Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that’s at the heart of environmental and human rights controversies for $2 billion, according to people familiar with the plan.

Result of Arbitration between Tullow Oil and Kosmos Energy

Tullow Oil plc has announced that a panel of arbitrators has delivered an award in favor of Kosmos Energy Ghana HC (Kosmos) in relation to its dispute with Tullow Ghana Limited (Tullow).

Seadrill provides update on West Leo early termination litigation

Seadrill Partners LLC has announced that Tullow Ghana Limited will not be appealing the English High Court ruling in favor of Seadrill Ghana Operations Limited.

Nigeria takes first step in $12-billion LNG expansion plan

Nigeria is taking its first steps to expand its LNG capacity by a third, outlining a $12-billion program to keep up with the world’s biggest producers.

Savannah announces third oil discovery in Niger

Savannah Petroleum announce its third consecutive discovery in the R3/R4 PSC Area, southeast Niger.

Compliant screen raises the bar for successful and cost-efficient sand control

Maxime “Max” Coffin, Keith Oddie, Halliburton

Hydraulic screen technology in sand control completion can maximize asset value while providing a simpler, more flexible installation that improves reliability.

Eni starts gas production from OCTP Project, deep offshore Ghana

Eni has started gas production from Sankofa field in the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project, in Ghana, on schedule during the past weekend.

SBM Offshore awarded contracts for Exxon's second Liza FPSO

SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited has awarded the company contracts to perform front end engineering and design for a second floating production, storage and offloading vessel for the Liza development located in the Stabroek block in Guyana.

Court orders Tullow Ghana to pay $254 million to Seadrill

Tullow Oil plc announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited by Seadrill Ghana Operations Limited has been received.

Anglo African Oil & Gas develops the Republic of the Congo

Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the results of further work on the TLP-102 well on the Tilapia license in the Republic of the Congo.

Eco granted extension on Tamar Block, offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. has announced that it has been granted a one-year extension to March 20, 2019, for the First Renewal Period of the PEL50 license, covering its offshore Tamar Block.

TechnipFMC awarded subsea contract for Total's Zinia 2 field, offshore Angola

TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 m.

Eni reports discovery at Kalimba prospect, offshore Angola

Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 MMbbl of light oil in place.

OPEC's newest member may boost output as much as 65% this year

The Republic of Congo expects to raise oil production by as much 65% this year as two new projects come on stream, Hydrocarbons Minister Jean-Marc Thystere-Tchicaya said.

Angola in talks with majors to boost oil output by 2020

Angola is targeting an increase of about 250,000 bpd in oil output by 2020 and is already in discussions with oil majors ExxonMobil Corp. and Equinor ASA to achieve this, said Sonangol’s Chairman of the Board Carlos Saturnino.

Republic of Congo announces promotion of License Round Phase 2

The Ministry of Hydrocarbons of the Republic of Congo has announced the promotion of the Congo-Brazzaville License Round Phase 2 2018/19 at Africa Oil Week, Nov. 5-9, 2018.

Kenyan parliament approves oil law setting out revenue sharing

Kenyan lawmakers approved a new law that sets out how revenue from future oil production will be shared.

Ghana to buy contracts to protect it from high oil prices

Ghana will buy contracts to protect it from higher oil-product prices in the third quarter as the West African nation seeks to curb volatility in what consumers pay at the pump amid rising costs of the fuel in international markets.

Africa oil giant needs $12 billion to avoid missing LNG boat

On a tropical island just off the coast of Nigeria, hundreds of engineers work around the clock to produce liquefied natural gas at a plant the size of Lower Manhattan.

Shell says Nigeria attacks persist even as oil output recovers

Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output.